US Pending Home Sales at 10 am EST The number of contracts to purchase existing U.S. homes surged in May by 6.1%, the biggest climb since April 2010. The reading was far better than the 1.4% addition predicted by analysts, showing a strong rebound in the housing market. Stronger employment conditions as well as cheaper borrowing costs, enable the pick-up in the housing sector. Pending sales are expected to decline 0.2% this time.
Earnings to watch:
Pre
Market - TSN, CMI, TEN,
RPM, ROP, LECO, AWI, MCY, ARLP, SOHU
After
Hours - JEC, EMN, OMI,
MAS, WRB, XL, PRE, HLF, AFG, NCLH, AMKR, CR, GGP, HLS, RRC
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